European government bond yields fell sharply after the ECB meeting and the prospects of an easing of monetary policy.
At mid-day the spread between BTPs and Bunds continues at 138 points, with the yield on the Italian ten-year bond falling by ten points to 3.76% and the German one at 2.38% (-8 basis points).
Yields in Spain fell by eight basis points to 3.19%, France to 2.87% and Greece to 3.42%.